302.0 164.8 120.12 337.3 646.6 309.3 91.70 Administrative expenses 46.5 64.9 18.4 39.57 107.6 163.9 56.3 52.32 Total Expenses 684.5 1,253.0 568.5 83.05 1,492.6 2,781.7 1,289.1 86.37 Profit before share of

ROA Book value per share (BVPS) Gross profit Revenue from sales of goods and rendering of services + Revenue from finance lease Total Revenue Net profit Interest expense Earnings before interest and tax

(6,915.0) (35.8%) Total Cost 11,414.6 5,001.5 (6,413.1) (56.2%) Gross Profit/2 7,446.9 6,475.5 (971.4) (13.0%) Net Profit 2,898.2 3,266.4 368.3 12.7% /1 Including other income and share of profit from

(16%) Total non-current liabilities 2,474,751 1,379,894 79% Total liabilities 19,179,325 20,531,922 (7%) Liabilities and equity Equity Share capital Authorised share capital 48,775,744 48,775,744 0

Sansiri JV, (ii) THB 19mn share of loss from UBM JV, and (iii) THB 8mn share of loss in other associates/JVs. Finance costs were THB 281mn, increasing by THB 88mn, or 45.2% YoY. The increase stemmed from

) (112) -102% Profit attributable to owners of the Company 1,174 993 1,316 12% 33% 3,855 4,393 14% Basic earnings per share (Baht) 0.85 0.72 0.96 2.80 3.19 Note: 1/ EBITDA from Refinery Business of the

operations of 2017 at the rate of Baht 1.10 per share. Including the interim dividend for the first-half-year operations of 2017 at the rate of Baht 1.05 per share, the total 2017 dividend will be Baht 2.15

Expenses 2016 2017 MB % MB % Cost of Sales 484.13 84.79 811.61 84.67 Selling Expense 19.71 3.45 21.63 2.26 Administrative Expense 30.97 5.43 39.61 4.13 Finance Cost 0.22 0.04 0.06 0.01 Total CoS and Expenses

% Finance cost 18.41 36.80 18.39 99.89% Income tax expenses 22.21 28.27 6.06 27.29% Net profit 80.50 95.26 14.76 18.34% Net profit ratio (ROS) 18.98% 20.67% Earnings per share (Baht) 0.13 0.16 0.03 23.08

the competition back in place with operators keeping the low-price plans afloat to attract more subscribers or defend their market share. The postpaid segment grew with the new devices launched in Q3